VCM21010 - EIS: general: procedure: requests for advance assurance: general
Companies that are hoping to attract subscriptions under the EIS
are encouraged to seek an assurance from HMRC, in advance of
inviting applications for shares, to the effect that it is accepted
that the conditions of the scheme will be satisfied. As regards the
exact nature of the assurance that is available, see
VCM21040.
Requests can be dealt with only if they come from the
company's secretary or directors or from some person authorised by
them to negotiate with HMRC on their behalf. The rules of
confidentiality apply, and potential investors making enquiries
about a company should address those enquiries to the company
itself.
It is not necessary for the request to identify the intending
subscribers, and no assurance as to the availability of relief to a
particular subscriber can be given either to the company or to the
subscriber in question.
Forms EIS1 are available to any company on request from the
Small Company Enterprise Centre (see
VCM10050) or can be printed off the HMRC
website.
